Net Worth Advisory Group Has $9.57 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Net Worth Advisory Group decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 30.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 113,790 shares of the company’s stock after selling 49,853 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 2.8% of Net Worth Advisory Group’s investment portfolio, making the stock its 6th largest position. Net Worth Advisory Group’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $9,571,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of VCIT. Revisor Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.8% during the 3rd quarter. Revisor Wealth Management LLC now owns 127,777 shares of the company’s stock worth $10,700,000 after acquiring an additional 3,512 shares in the last quarter. Praetorian Wealth Management Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at $412,000. Highline Wealth Partners LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth approximately $61,000. OLD National Bancorp IN raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the third quarter. OLD National Bancorp IN now owns 322,953 shares of the company’s stock valued at $27,164,000 after acquiring an additional 15,460 shares during the period. Finally, Trust Co. of Vermont lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.9% in the third quarter. Trust Co. of Vermont now owns 1,658 shares of the company’s stock valued at $139,000 after purchasing an additional 309 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $83.62 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The stock’s fifty day simple moving average is $84.06 and its 200-day simple moving average is $83.41.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a $0.3223 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, December 1st.

Vanguard Intermediate-Term Corporate Bond ETF Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.